1884 Lelong Terrace House in Selangor
In Selangor, bank auction terrace houses are a smart option for buyers seeking below-market deals. With a wide selection available, these properties are often listed as lelong through reputable auction houses, offering reserve prices that can be 10% to 40% lower than market value. Whether you are a first-home buyer or an investor, the process is straightforward: register with the auction house, pay the standard 10% deposit, and bid on auction day. For the latest auction dates, reserve prices, and a step-by-step guide to the bidding process, reach out to Peter Tan to make your move on a great terrace house in Selangor.
Jalan KB 15
No. 29, Jalan KB 15, Kita Bayu Cybersouth, 43800 Dengkil, Selangor
Jalan Rimba 2
No. 2A, Jalan Rimba 2, Taman Rimba, Bandar Gamuda Goves, 42700 Banting, Selangor
Lorong Az-Zaharah 10/4F
No. 17, Lorong Az-Zaharah 10/4F, Seksyen 10, 42300 Bandar Puncak Alam, Selangor
Jalan SP 2/11B
No. 25, Jalan SP 2/11B, Taman Subang Perdana(2), Seksyen U3, 40150 Shah Alam, Selangor
Jalan BP 13A
No. 27, Jalan BP 13A, Taman Bukit Pertama, 68100 Batu Caves, Selangor
Jalan Batang Kelang 27/40
No. 55, Jalan Batang Kelang 27/40, Seksyen 27, 40400, Shah Alam, Selangor
Jalan BSJ 1
No. 16, Jalan BSJ 1, Taman Bukit Segar Jaya, 68000, Ampang, Selangor
Jalan Cassia 1/KS6
No. 14, Jalan Cassia 1/KS6, Bandar Botanic, 41200, Klang, Selangor
Jalan Elektron U16/50B
No. 10, Jalan Elektron U16/50B, Denai Alam, 40160, Shah Alam, Selangor
Jalan Pinggiran 5
No. 109, Jalan Pinggiran 5, Taman Pinggiran Ukay, 68000, Ampang, Selangor
Jalan Putra Harmoni 1/4F
No. 25, Jalan Putra Harmoni 1/4F, Putra Heights, 47650, Subang Jaya, Selangor
Jalan 10
No. 12A, Jalan 10, Taman Sri Jambu, 43000, Kajang, Selangor
Jalan Ecohill 1/1M
No. 29, Jalan Ecohill 1/1M, Setia Ecohill, 43500, Semenyih, Selangor
Jalan Metro 1/9
No. 40, Jalan Metro 1/9, Bandar Metro Puchong, 47160 Puchong, Selangor
Jalan Ariza
No. 40-A, Jalan Ariza, Taman Raintree, 68100 Batu Caves, Selangor
Jalan USJ 23/5
No. 11, Jalan USJ 23/5, Sime UEP Homes, 47640, Subang Jaya, Selangor
Lorong Batu Nilam 13H
No. 51, Lorong Batu Nilam 13H, Bandar Bukit Tinggi, 41200, Klang, Selangor
Jalan Platinum 7/54
No. 42, Jalan Platinum 7/54, Seksyen 7, 40000, Shah Alam, Selangor
Jalan Songlai 27/42
No. 19, Jalan Songlai 27/42, Seksyen 27, 40400, Shah Alam, Selangor
Jalan BK 4/6
No. 55, Jalan BK 4/6, Bandar Kinrara, 47180 Puchong, Selangor
Jalan Avens 2
No. 53, Jalan Avens 2, Avens Residence, Southville City, 43800 Dengkil, Selangor
Jalan DB 1
No. 40, Jalan DB 1, Taman Desiran Bayu, 47120, Puchong, Selangor
Jalan Residensi Lambaian 1/1
No. 39, Jalan Residensi Lambaian 1/1, Residensi Lambaian Dua, 43000 Kajang, Selangor
Jalan Semarak 1A
No. 76, Jalan Semarak 1A, Perumahan Taman Semarak, 44300 Batang Kali, Selangor
How to Buy an Auction Property in Selangor
- 1Shortlist properties
Browse auction listings in Selangor, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ
How many terrace house auctions are there in Selangor?+
There are currently 1884 bank auction (lelong) terrace house properties in Selangor, updated regularly.
How much below market are Selangor terrace house auctions?+
Reserve prices for terrace house auctions in Selangor are typically 10-40% below market value, even lower after several rounds.
Can I get a loan for a lelong terrace house in Selangor?+
Yes, many banks finance auction properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Selangor?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Selangor?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.